Mail.com: Henry M. Paulson Jr.http://www.mail.com/people/38382-henry-m-paulson-jr.html
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Bernanke says he was reluctant on AIG bailouthttp://www.mail.com/business/finance/3145924-bernanke-was-reluctant-aig-bailout.html
WASHINGTON (AP) — Former Federal Reserve Chairman Ben Bernanke etched a portrait Friday of his initial reluctance to have the central bank rescue American International Group Inc. in 2008. But he ultimately came to believe the $85 billion bailout loan to the company was needed to avert a shock to the financial system.
At the same time, Bernanke insisted h...Fri, 10 Oct 2014 22:33:46 GMThttp://www.mail.com/business/finance/3145924-bernanke-was-reluctant-aig-bailout.html2014-10-10T22:33:46ZBernanke defends AIG bailout in courthttp://www.mail.com/business/finance/3143896-bernanke-defends-aig-bailout-court.html
WASHINGTON (AP) — Former Federal Reserve Chairman Ben Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe.
Bernanke took the stand at a trial of a lawsuit brought by former AIG Chairman and CEO Maurice Greenberg, who is suing the governm...Thu, 09 Oct 2014 21:54:26 GMThttp://www.mail.com/business/finance/3143896-bernanke-defends-aig-bailout-court.html2014-10-09T21:54:26ZGeithner defends terms of AIG bailouthttp://www.mail.com/business/finance/3141930-geithner-defends-terms-aig-bailout.html
WASHINGTON (AP) — Former top regulator Timothy Geithner defended terms of the U.S. government's bailout of American International Group Inc., saying Wednesday that the insurance giant's exceptionally risky behavior had caused losses that called for strict treatment.
The terms included a huge government stake in the company and an interest rate called "cra...Wed, 08 Oct 2014 19:42:40 GMThttp://www.mail.com/business/finance/3141930-geithner-defends-terms-aig-bailout.html2014-10-08T19:42:40ZPaulson: AIG bailout designed to be punishmenthttp://www.mail.com/business/finance/3137622-paulson-aig-bailout-designed-to-punishment.html
WASHINGTON (AP) — The 2008 government bailout of American International Group Inc. was specifically designed to punish the insurance giant, former Treasury Secretary Henry Paulson said in U.S. court Monday.
The $85 billion loan package extended to AIG — then reeling from the financial and housing crisis — gave the government control of 80 percent of its s...Mon, 06 Oct 2014 20:04:17 GMThttp://www.mail.com/business/finance/3137622-paulson-aig-bailout-designed-to-punishment.html2014-10-06T20:04:17ZOn the witness list: Paulson, Geithner, Bernankehttp://www.mail.com/news/politics/3135200-witness-list-paulson-geithner-bernanke.html
WASHINGTON (AP) — It could be an awkward reunion.
Three top former government leaders who devised the 2008 financial bailouts — Henry Paulson, Timothy Geithner and Ben Bernanke — are set to testify this week in a lawsuit over the government's rescue of the insurance giant AIG.
Six years ago, their rescue plan revived AIG, protected its...Sun, 05 Oct 2014 15:15:25 GMThttp://www.mail.com/news/politics/3135200-witness-list-paulson-geithner-bernanke.html2014-10-05T15:15:25Z